Ann E. Dunwoody, a director of Kforce, recently acquired 4,589 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on March 15, 2019. Dunwoody now owns 10,004 shares of the company. Dunwoody operates out of Tampa, FL. Some additional info was provided as follows:
These shares were issued and distributed to the Reporting Person due to the settlement of RSUs on March 15, 2019.
The Restricted Stock Units ("RSUs") were granted under the Company's 2017 Stock Incentive Plan ("Plan") in consideration of the Reporting Person's service as a director. Each RSU represents a contingent right to receive one share of Kforce Inc. common stock at settlement. The number of RSUs includes additional RSUs
received as dividend equivalent rights when dividends are paid on Kforce Inc. common stock.
The RSUs vest as follows: 4,405 granted on 4/28/2017, as well as additional units received as dividend equivalent rights, that vested on 4/28/2018; and 3,717 units granted on 4/27/2018, as well as additional units received as dividend equivalent rights, that will vest on 4/27/2019. Once vested, RSUs are subject to deferral as elected by the reporting person under the Kforce Inc. Director's Restricted Stock Unit Deferral Plan.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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